Gujarat Seeks EV Manufacturers for Marketing and Distribution Authorization
The Gujarat Energy Development Agency (GEDA) has invited expression of interest (EoI) from reputed manufacturers for their authorization to market and distribute battery operated two and three-wheelers. The EoIs have ...
Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding
Arnergy, a Nigerian distributed utility company, has announced raising $9 million in Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for ...
Ather Energy’s Electric Scooter Becomes FAME-II Compliant
Ather Energy, backed by Hero MotoCorp, has announced that their flagship intelligent scooter, Ather 450 is now FAME II compliant and will receive an increased subsidy of ₹27,000 ($386.9). Though the orders for ...
Government Announces List of EV Parts to be Indigenized Under FAME II
The Ministry of Heavy Industries and Public Enterprises has released a revised list of parts which are to be indigenized under the Phased Manufacturing Program (PMP) which falls under the ...
10 Drivers of EV Market in India
The Indian government launched the National E-Mobility Program in March 2018 to achieve 100 percent e-mobility by . Since then, the country has taken several policy initiatives to propel the growth ...
Andhra Pradesh Gets ₹2 Billion from Urja Global to Set Up EV Manufacturing Ecosystem
The Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a memorandum of understanding (MoU) for setting up manufacturing units of lithium-ion batteries and electric vehicles for the ...
AES, Mitsubishi and Tata Commission 10 MW Battery Energy Storage System in Delhi
The 10 MW grid-connected system will be owned by AES and Mitsubishi Corporation. Fluence, a supplier of energy storage technology jointly owned by Siemens and AES, supplied the Advancion lithium-ion ...
SolarEdge to Acquire Korean Battery Technology Company Kokam
SolarEdge Technologies, Inc. (SolarEdge), an energy technology company that develops PV inverters, has announced that it has entered into definitive agreements to acquire a major stake in Kokam Co., Ltd ...
Uttarakhand EV Policy Aims at Driving Investments for EV Manufacturing into the State
The state cabinet of Uttarakhand has approved a policy to promote the adoption of electric vehicles in the state, while also incentivizing those who want to foray into EV manufacturing ...
World Bank to Invest $1 Billion Towards Battery Storage to Promote Renewables Globally
The World Bank Group has committed $1 billion for a new global program to accelerate investment in battery storage for energy systems in developing and middle-income countries. The program is ...
MNRE Broadens the Definition of ‘Storage’ in its Wind-Solar Hybrid Policy
The Ministry of New and Renewable Energy (MNRE) has amended the National Wind-Solar Hybrid Policy to remove the word ‘battery’ from the relevant clauses in order to broaden the definition ...
Exide and Leclanche form Joint Venture for Li-Ion Battery Manufacturing in India
Exide Industries Ltd., an Indian lead acid storage battery manufacturer, and Leclanche, a global energy storage solutions provider, have formed a joint venture (JV) to build lithium-ion (Li-Ion) batteries and ...
Raasi Group to Set up Li-Ion Battery Manufacturing Unit in Tamil Nadu
The Central Electro Chemical Research Institute (CECRI), which comes under the Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd have signed a Memorandum of Agreement ...
Sandia Laboratories to Receive $10.5 Million to Design a Cheaper Solar Energy System
Solar energy technology entities are witnessing a lot of dynamism and attracting early-stage research and development funding. Sandia National Laboratories will receive $10.5 million to research and design a cheaper ...
New Water-Based Battery to Store Solar, Wind Energy
Researchers at Stanford claim to have developed a water-based battery that can provide a better solution than lithium-ion for storing solar and wind energy, according to the journal Nature Energy. Though ...
Government Urges Battery Manufacturers to Set Up Manufacturing Units in India
The Minister for Power, R.K. Singh, recently chaired a meeting with battery manufacturers in New Delhi to discuss the creation of an ecosystem for incentivizing battery manufacturing in India. Officials ...
EESL Issues Tender to Procure 10,000 EVs
In India’s second electric vehicle (EV) tender, the Energy Efficiency Services Limited (EESL) announced it is out for procurement of 10,000 electric vehicles (EVs) to be used by government departments ...
Not Disheartened by Cancellation of Energy Storage Tenders in India: IESA Director
There is a growing market for battery and energy storage in India, but the pace of that growth is manifesting in a slow and steady manner as sector participants await ...
